Assignment #1 Brandywine Homecare Penny Payne Merle Point-Johnson HAS 525 - Healthcare Finance: An Introduction to Accounting and Finance Management January 21, 2012 Brandywine Homecare, a not-for-profit business, had revenues of $12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash. 1. Construct Brandywine’s
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Assignment 1- Brandywine Homecare Brandywine Homecare, a not-for-profit business, had revenues of $12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, which is $9 million, and depreciation expense was $1.5 million. Income statement is the one of the three financial statements. The other two are the balance sheet and the statement of the cash flows. Brandywine Homecare’s total profit margin of 12.5 percent shows that the homecare makes 12.5 cents on every dollar
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Assignment #1 Brandywine Homecare Michelle Rose HAS 525 Health Financial Management October 23, 2011 Construct Brandywine’s Homecare 2007 Income Statement. Brandywine’s Homecare Income Statement Revenue $12,000,000 Operating Expenses: Salaries Expense $5,000,000 Supplies $ 120,000 Utilities $ 140,000 Insurance $ 750,000 Depreciation $ 1.7 million Total $ 4.3 million Net Income $ 7.7 million What were Brandywine’s 2007 net income
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Assignment # 1 Teresa A Arledge Dr. Laura Forbes HSA525 January 28, 2012 According to Gapenski, financial accounting involves identifying, recording, and communicating the operational results and status of an organization. Financial accounting information is conveyed by a business’s financial statements. The three most important are: income statement, balance sheet, and statement of cash flows. The need for financial statements is to provide accounting information to outside investors so they
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CV - Pamela Sue Jenkins Pamela Sue Jenkins BSN, RN, CPEN Home Address Work Address 119 Fieldcrest Drive 1600 Rockland Road Cochranville, PA 19330 Wilmington, DE 19899 610-998-0615 302.651.4183 E-mail: pedrn1985@gmail.com pjenkins@nemours.org Academic
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